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Northland Community Calendar November 26-December 2 - Kansas City Star
THE TRUTH ABOUT REVERSE MORTGAGES: IS GETTING A REVERSE MORTGAGE RIGHT FOR YOU?: Information only seminar. 1:30 p.m. Nov. 27, KC Mortgage Planning, 12 Westwoods Drive, Liberty. Seating is limited. Please register. www.kcmortgageplanning.com (816-415 ...

Proposed New Orleans East lake splinters community - WWL-TV
Twenty minutes into a meeting, tension builds between two New Orleans East power brokers: businessman Sherman Copelin and state senator Ann Duplessis. “One of the things that Sherman Copelin is very good at doing is creating conflict,” Duplessis ...

Business Browser - Free Lance-Star
Black Friday marked the official start of the holiday shopping period, but today is the ceremonial kickoff for online retailers. For the past several years, the Monday after Thanksgiving has been called "Cyber Monday." The term was coined after ...

Sniper from first Gulf War needed help - Peninsula Daily News
PORT TOWNSEND -- Clay Neideigh is a quiet, gentle man who knows what it's like to live in harm's way. He also knows what it is like to scramble to provide a secure environment for his children. He was an Army sniper in the Middle East during the ...

Falls Church Business News and Notes - Falls Church News-Press
Virginia Commerce Bank will open its Falls Church branch in the West Metro Plaza at 7115 Leesburg Pike on Mon, Dec. 15. The branch will be open Mon through Thu, 9 a.m. -5p.m.; Fri, 9 a.m. -6 p.m; and Sat, 9 a.m.- noon. Established in 1988, VCB is a ...

Personnel file - Nov. 24 - Lexington Herald-Leader
Hindman Settlement School: Brian K. Lewis, a building contractor from Viper, has been named to the board of directors. Sullivan University: David Keene has been named executive director of the university's Lexington campus. He was most recently ...

The Madness of Crowds - Commentary Magazine
Fueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began ...

Dozens of Centuries-Old Artifacts Found During Connecticut Road ... - FOX News
SOUTHINGTON, Conn. — A road widening project has become an archaeological expedition in Southington, where dozens of artifacts from the late 1700s and early 1800s have been discovered. The items were found along Mt. Vernon Road during a study ...

Affordable Housing in Connecticut Gets $1.8 Million Infusion - Earthtimes
BOSTON , Nov. 26 /PRNewswire/ -- The Federal Home Loan Bank of Boston (the Bank) awarded more than $1.8 million as grants and a subsidized loan to fund 33 units of affordable rental and ownership housing in three communities. Of that amount, more ...

An artful life leads back to Tomahawk - Lexington Herald-Leader
Home & Gardens #1, a large quilt by Lisa Williamson, hangs in her bedroom in Tomahawk. It was also her childhood bedroom. Her art has taken over the family home: Her sister's old ?bedroom is now a studio, and the dining room is where she frames her ...

Today's Mortgage Terms starting with B

Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.

Bearer: The legal owner of a property.

Bill of Sale: A document that details the transfer of property.

Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.

Blanket Mortgage: A mortgage that includes more than one piece of real estate

Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.

Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.

Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.

Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.

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